Ad-hoc news

Court ruling in favor of asknet Solutions AG on liability of former Management Board member resulting in payment obligation in the total amount of EUR 618,009.93 plus interest

Insider Information pursuant to Article 17 of the Market Abuse Regulation (MAR)

August 2, 2021, Karlsruhe (Germany) – asknet Solutions AG (ticker symbol: ASKN, ISIN: DE000A2E3707, WKN: A2E370) has been informed today that the District Court in Karlsruhe ruled in favor of the company regarding the liability of a former member of the Management Board towards asknet for the non-payment of sales tax in Norway by the company in the years 2012 to 2016. The former member of the Management Board has been ordered by the court to pay a total amount of EUR 618,009.93 plus interest to asknet Solutions AG.

If no appeals are filed against the verdict or if any appeal filed by the former Management Board member are unsuccessful, the verdict would result in extraordinary income as well as additional liquidity for asknet, compensating for losses the company has had due to corresponding provisions and advanced payments in 2016. The Norwegian Authorities concluded their investigation in 2017 approving asknet’s active participation and transparency in clarifying the matter. Both parties will receive the written judgment within the next days and could file an appeal against the decision within one month.

Magda Gajny